Roots Global

Fund comparison

New Frontiers Energy Fund II versus Solar Future Fund III

vs
FundBox SGOIC logo

New Frontiers Energy Fund II

FundBox SGOIC

Clean EnergyOpen
Tejo Ventures logo

Solar Future Fund III

Tejo Ventures

Clean EnergyOpen

Residency permit & citizenship vs lock-up

New Frontiers Energy Fund II8-year lock-upSolar Future Fund III7-year lock-up~Year 6: typical naturalization decision

Golden Visa applicants must keep the qualifying €500,000 invested while the residency is active; naturalization timelines vary by case. Not legal advice.

Key facts, side by side

7 of 12 differ · marks a difference
New Frontiers Energy Fund IISolar Future Fund III
Minimum investment
€100k
€150k
Management fee p.a.
1.5%
2%
Performance fee
25%
20%
Hurdle rate
10%
Subscription fee
1.13%
Redemption fee
0%
Lock-up
~8 years
~7 years
Redemption
At end of term
No redemption
Fund term
8 years
7 years
Target return
10–12%
8%+
Fund size
€14.5M
Inception
Nov 2025

What the fees add up to

€22k€44k€66k€88kStartY1Y2Y3Y4Y5Y6Y7Y8€66k€80k
New Frontiers Energy Fund IISolar Future Fund IIIFees on €500k over 8 years — subscription + management only

Constant-balance illustration on a €500,000 Golden Visa subscription. Performance fees, redemption fees and fund-level costs are excluded — verify the full stack in each fund's prospectus.

For US investors

  • Accepted

    Accepts US investors

  • PFIC

    PFIC expected, no QEF reporting confirmed

  • QEF statements

    Reported available

  • IRA route

    Unconfirmed

  • Accepted

    Unconfirmed

  • PFIC

    PFIC expected, no QEF reporting confirmed

  • QEF statements

    Unconfirmed

  • IRA route

    Unconfirmed

Research coverage

89%

data completeness

1 fund documents linked · 4 sources cited

Full profile & sources →
64%

data completeness

1 fund documents linked · 7 sources cited

Full profile & sources →

This comparison restates researched data side by side — it is not a recommendation of either fund. Facts marked with a dash or "not disclosed" were not published; how much weight any difference deserves depends on your situation.